CanWel Building Materials Group Ltd (TSE:CWX) Director Buys C$18,445.00 in Stock
CanWel Building Materials Group Ltd (TSE:CWX) Director Amar Doman purchased 3,100 shares of the stock in a transaction on Tuesday, August 8th. The stock was acquired at an average price of C$5.95 per share, with a total value of C$18,445.00.
Amar Doman also recently made the following trade(s):
- On Monday, July 31st, Amar Doman purchased 5,000 shares of CanWel Building Materials Group stock. The stock was acquired at an average price of C$6.17 per share, with a total value of C$30,850.00.
CanWel Building Materials Group Ltd (TSE:CWX) traded up 3.55% during trading on Wednesday, hitting $6.12. The stock had a trading volume of 213,699 shares. CanWel Building Materials Group Ltd has a 12-month low of $5.23 and a 12-month high of $7.09. The company has a 50 day moving average of $6.37 and a 200-day moving average of $6.17. The company has a market cap of $414.86 million and a P/E ratio of 12.75.
CanWel Building Materials Group (TSE:CWX) last posted its quarterly earnings results on Thursday, July 27th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. The firm had revenue of $320.04 million for the quarter, compared to analyst estimates of $300.28 million. CanWel Building Materials Group had a return on equity of 13.51% and a net margin of 3.07%. On average, equities analysts predict that CanWel Building Materials Group Ltd will post $0.42 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were given a $0.14 dividend. This is a positive change from CanWel Building Materials Group’s previous quarterly dividend of $0.07. This represents a $0.56 annualized dividend and a yield of 9.15%. The ex-dividend date was Wednesday, June 28th.
Several research firms have commented on CWX. National Bank Financial restated an “outperform” rating and issued a C$7.00 price target on shares of CanWel Building Materials Group in a report on Tuesday, April 18th. Raymond James Financial, Inc. upgraded CanWel Building Materials Group from an “outperform” rating to a “strong-buy” rating and lifted their price target for the company from C$7.25 to C$7.50 in a report on Thursday, May 25th.
About CanWel Building Materials Group
CanWel Building Materials Group Ltd., through its subsidiaries, distributes building materials and home renovation products in Canada and the Western United States. The company sells adhesives; engineered wood products; fasteners; foundation, insulation, interior finishing, and outdoor living products; roofing and accessories; and siding and trim, underlayment, and security and doorware products.
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